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Infosys, to be the First Indian Company Listed on NYSE Euronext
SI Team
Thursday, February 28, 2013
Software services major Infosys began trading of its American Depositary Shares (ADS) on NYSE Euronext’s (NYX) London and Paris markets on February 20, 2013, making it the first Indian company to be admitted to trade on the leading global bourse.

"Listing on NYSE Euronext enables UK, French and other European investors to have direct access to Infosys ADS. It is a testament to the strong relationship between Indian and the UK and allows UK investors to benefit from the India growth story," says Shibulal, CEO & Managing Director of Infosys.

The Euronext listings are intended to attract investors based outside of India and the U.S., particularly in Europe, to provide greater access to Infosys' ADS among European fund managers.

Infosys began trading on the NYSE on December 12, 2012 and trades under the ticker symbol INFY. Infosys will also trade on NYSE Euronext under the ticker symbol INFY. Bangalore-based Infosys was founded in 1981 by seven people and today has revenues of over $7 billion and employs more than 1.55 lakh people. The globalization of the Indian technology sector was pioneered by Infosys that now represents 24 percent of Indian exports and 13 percent of BSE benchmark index Sensex.

Commenting on the development, "Infosys is a great example of Indian investment in the UK and I am delighted that they will be the first Indian company to be admitted to trade on NYSE Euronext London this week," says the UK Prime Minister David Cameron.

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